Laird PLC (LON:LRD) has earned an average recommendation of “Buy” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 165 ($2.28).
A number of brokerages have issued reports on LRD. Shore Capital restated a “buy” rating on shares of Laird in a research report on Thursday, February 15th. Stifel Nicolaus upgraded shares of Laird to a “buy” rating and cut their target price for the stock from GBX 160 ($2.21) to GBX 135 ($1.87) in a research report on Thursday, February 8th. Barclays lifted their target price on shares of Laird from GBX 143 ($1.98) to GBX 145 ($2.00) and gave the stock an “equal weight” rating in a research report on Monday, December 18th. JPMorgan Chase & Co. lifted their target price on shares of Laird from GBX 170 ($2.35) to GBX 180 ($2.49) and gave the stock an “overweight” rating in a research report on Monday, October 30th. Finally, Numis Securities lifted their target price on shares of Laird from GBX 165 ($2.28) to GBX 180 ($2.49) and gave the stock an “add” rating in a research report on Friday, October 27th.
Shares of Laird (LRD) traded down GBX 1.30 ($0.02) on Thursday, reaching GBX 115 ($1.59). 502,589 shares of the company’s stock were exchanged, compared to its average volume of 1,150,000. The firm has a market capitalization of $568.61 and a PE ratio of -396.55. Laird has a one year low of GBX 113.99 ($1.57) and a one year high of GBX 165 ($2.28).
Laird PLC is engaged in providing engineering solutions that protect electronics from electromagnetic interference and heat, and enable connectivity in mission-critical wireless applications. The Company operates through two segments: Performance Materials and Wireless Systems. The Performance Materials segment designs a range of electro-magnetic interference shielding materials, thermal management solutions, and signal integrity products to a range of electronic devices and prototypes.
Receive News & Ratings for Laird Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Laird and related companies with MarketBeat.com's FREE daily email newsletter.